IED - Derivatives Clearing – Financing & Analytics - VP/ED

Morgan Stanley•New York, NY

fulltime

Business Development and Sales

10+ years

About the role

As a part of Prime Brokerage, Morgan Stanley’s industry-leading Derivatives Clearing team manages the clearing of Futures, Options, and Over-the-Counter (OTC) Swaps at clearinghouses globally. Derivatives Clearing services are utilized by a variety of institutional client types leveraging both speculative and hedging strategies across a wide range of asset classes, including equities, fixed income, FX, and commodities.

Team Overview - Financing & Analytics The Financing & Analytics team works within the derivatives clearing business to manage clearinghouse financing, business analytics, and capital optimization. The team serves a critical function guiding business senior management on client and clearinghouse financing and capital strategy to drive commercial results. The role involves working closely with colleagues in Sales, Finance, Operations and Technology.

Role Summary This role is a senior hire within Client Clearing Financing & Analytics, based in New York, responsible for driving financing strategy execution, advanced analytics, and capital optimization initiatives across Listed and OTC cleared products. The hire will partner closely with senior stakeholders globally and is expected to assume increasing ownership and autonomy across core workstreams as performance and business needs dictate.

Principal Duties And Responsibilities

Own day-to-day and strategic execution of client clearing financing initiatives across Listed and OTC cleared products, including financing structures, pricing inputs, and coordination with internal funding stakeholders (e.g., Treasury/Finance) to ensure disciplined risk-adjusted returns.
Drive commercial opportunities through client financing analytics, including identifying accounts/opportunities for repricing and optimization, developing data-backed recommendations, and partnering with Sales/coverage teams to execute.
Own financial performance analytics and attribution for client clearing financing: explain drivers of financing P&L, balances and returns, deliver variance commentary, and ensure outputs are decision‑useful for management and governance.
Lead central counterparty (CCP) concentration margin management for the business: build/maintain concentration margin analytics, monitor drivers, and coordinate client remediation plans (commercial + operational) in partnership with Sales, Risk, Ops, and regional stakeholders.
Define and execute capital strategy and optimization initiatives: partner with Finance/Risk to quantify capital impacts, propose remediation levers, and track delivery in the context of an evolving regulatory capital landscape.
Lead liquidity impact analytics and optimization for client clearing: quantify liquidity consumption and identify levers in partnership with Treasury/Finance/Risk (e.g., stress/liquidity frameworks, funding impacts, CCP IM/VM dynamics).
Act as a senior point of escalation for financing and analytics topics: respond to urgent questions with high-quality analysis, communicate crisply, and represent the function with credibility in senior forums.
Continuous improvement / automation mindset: identify where reporting, controls, or data flows can be streamlined; partner with Technology/Strats resources to reduce manual effort and improve accuracy, timeliness, and transparency while maintaining strong risk and control discipline.

Skills

Excellent written and verbal communication skills; high attention to detail
Ability to manage several projects simultaneously and present updates to senior stakeholders
Strong quantitative, analytical and technical problem-solving skills; comfort working with large datasets and explaining results clearly
Deep understanding of derivatives clearing economics (financing, margin, CCP dynamics) and ability to translate analysis into commercial action
Strong team-player and collaborator, enthusiastic, motivated
Ability to work autonomously; self-starter with strong ownership mentality
Strong judgment under time pressure; ability to balance commercial outcomes with risk/control considerations

Education / Experience

Undergraduate degree required; advanced degree (MBA/MS/quant discipline) a plus
Extensive clearing experience required (Futures and/or Cleared OTC Swaps); 10+ years strongly preferred
Demonstrated experience with at least two of the following:

Derivatives clearing client pricing / financing strategy
Financial performance analytics and attribution: experience building and explaining drivers of financing P&L, balances, and returns
Capital optimization (GAAP balance sheet, net capital, leverage, RWA-related analysis)
Liquidity analysis / optimization: strong familiarity with institutional liquidity frameworks and ability to quantify optimization levers
CCP margin / concentration margin analytics and remediation

Experience partnering with Technology/Strats resources to build scalable reporting and reduce manual processes

What You Can Expect From Morgan Stanley At Morgan Stanley, we raise, manage and allocate capital for our clients – helping them reach their goals. We do it in a way that’s differentiated – and we’ve done that for 90 years. Our values - putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back - aren’t just beliefs, they guide the decisions we make every day to do what's best for our clients, communities and more than 80,000 employees in 1,200 offices across 42 countries. At Morgan Stanley, you’ll find an opportunity to work alongside the best and the brightest, in an environment where you are supported and empowered. Our teams are relentless collaborators and creative thinkers, fueled by their diverse backgrounds and experiences. We are proud to support our employees and their families at every point along their work-life journey, offering some of the most attractive and comprehensive employee benefits and perks in the industry. There’s also ample opportunity to move about the business for those who show passion and grit in their work.

To learn more about our offices across the globe, please copy and paste https://www.morganstanley.com/about\-us/global\-offices into your browser.

Expected base pay rates for the role will be between $200,000 and $300,000 per year at the commencement of employment. However, base pay if hired will be determined on an individualized basis and is only part of the total compensation package, which, depending on the position, may also include commission earnings, incentive compensation, discretionary bonuses, other short and long-term incentive packages, and other Morgan Stanley sponsored benefit programs.

Morgan Stanley's goal is to build and maintain a workforce that is diverse in experience and background but uniform in reflecting our standards of integrity and excellence. Consequently, our recruiting efforts reflect our desire to attract and retain the best and brightest from all talent pools. We want to be the first choice for prospective employees.

It is the policy of the Firm to ensure equal employment opportunity without discrimination or harassment on the basis of race, color, religion, creed, age, sex, sex stereotype, gender, gender identity or expression, transgender, sexual orientation, national origin, citizenship, disability, marital and civil partnership/union status, pregnancy, veteran or military service status, genetic information, or any other characteristic protected by law.

Morgan Stanley is an equal opportunity employer committed to diversifying its workforce (M/F/Disability/Vet).

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